The difficulties facing the Turkish economy are varied and well-documented and may have some impact on the country’s logistics, as imports slow and exports become more challenging.
News / Industry News
Leading the way for a global shipping industry that is bigger and more consolidated than ever: The Mumbai Maersk has broken the record for the largest amount of cargo ever stowed after leaving Malaysia last week with 19,038 TEU aboard.
Shippers from Asia are increasingly considering the potential of southern European ports as intermodal bottlenecks continue to delay container delivery through some of the Northern gateways.
Although service levels at the terminal have improved, disruption may continue for a further two months.
In further efforts to improve their ability to detect suspicious shipments prior to their physical arrival in China, The General Administration of Customs of the People’s Republic of China (GACC) has adjusted the advanced manifest rules for import and exports, effective from the 1st June 1, 2018.
North American supply chains are experiencing massive disruption as bad weather continues to impact operations and port delays are exacerbated by a shortage of haulage capacity that is so bad, shippers are snooping to find potential hauliers.
In good news for apparel importers, the suspension on direct air cargo between Bangladesh and the UK has been lifted.
Garment workers in Cambodia will see their wages increase 11% this year, but this will put further financial pressure on the country’s export sector.
The United Nations Conference on Trade and Development (UNCTAD) has published a review detailing its concerns that consolidation by the global shipping lines poses a threat to competition.
